OFFERING OF JP54 EX FOB RUSSIA
OFFERING OF JP54 EX FOB RUSSIA
DEAL SETTING :
• Commodity : Russian Aviation Kerosene Colonial Grade 54 Jet Fuel
• Specifications : GOST 10227‐86
• Origin : Russian Federation
• Delivery Port : Ex FOB Russian Port (Ex FOB Primorsk / Nakhodka / Novorossiysk / Ust-Luga)
• Monthly Quantity : First Trial Shipment 1,000,000 to 2,000,000 BBLS
Next 5,000,000 BBLS/Month x 12 Months
• Contract Period : One year (12 months) with extensions and rolls
• Target Price : FOB Rotterdam Port Fixed US$39 (Gross) / US$37 (Net) per BBL
• Fee :
Total fee US$ 2 /BBL to be paid by Seller and to be distributed as follow :
A. US$ 1 /BBL to Seller Side (closed)
B. US$ 1 /BBL to Buyer Side to be shared :
- First party (my group) : US$ 0.30 /BBL
- Second party (your group) : US$ 0.30/BBL
- Third party (Buyer Mandate) : US$ 0.40/BBL
• Payment : CI, DIP & PAY via MT103 for first trial & MT700/IRDLC for 1 year contract
• Inspection : SGS or similar by Buyer
FOB TRANSACTION PROCEDURE :
1. Buyer issues an official ICPO with full buyer’s bank details,company profile, and buyer’s company certificate to the Seller.
2. Seller issues Commercial Invoice for the first lift quantities for both parties signatures and endorsement, Buyer signs and returns to Seller with scan copy passport of Buyer’s representative.
3. Buyer and seller’s tank farm operator signs take over tank storage lease agreement. (Buyer takes over Seller’s tank).
4. Seller issues to Buyer via secured e-mail the below PPOP documents :
a. Tank Storage Receipt (TSR).
b. Authorization to Verify (ATV).
c. Prduct passport Dip Test Report.
d. Authorization to Sell ( ATS).
e. Fuel Injection report.
5. Upon Buyer verifications of the above PPOP documents, Buyer writes official letter to Seller stating his/her readiness to conduct dip test on product.
NOTE : THE VERIFICATION OF THE PRODUCT WILL NOT EXCEED 24 HOURS THE TIME PPOP DOCUMENTS IS SENT TO THE BUYER’S SECURED E-MAIL.
6. Seller receives Buyer’s official letter and issues DTA to Buyer.
7. Upon successful DIP TEST inspection Q&Q by the Buyer , within 24 hours maximum Buyer make payment via MT103 wire transfer tfor total value of product delivered and simultaneously Tittle to the product is transfered to the Buyer , and Seller hand over all exportation documentation relation to the petroleum product.
8. Commission fee is paid by Seller to intermediaries involve in the transaction within 48 hours.
9.Seller issues one year contract to buyer for signature and endorsement.
10. Buyer issues non-operative IRDLC for value of one month’s deliveries. Seller issue a 2% Performance Bond which activates the Buyer’s bank instrument.
Should the Buyer accept the condition as above then please send the Buyer’s ICPO (with full bank details) to our e-mail : p.kundaru@gmail.com (Seller's Company Name will be informed later on)
- Company Name: Wealthwish Int'l Group Ltd
- Country: Singapore & Indonesia
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